RIVER's recent performance is worth paying attention to. Previous technical analysis pointed to a cyclical high near 19.9, but the price retraced to 19.6. Although it was just a little off from expectations, it still provides us with valuable reference.



From the current market consensus, the mainstream strategy for this coin is to go long at the retracement levels. If the accumulation and trap of short sellers have already been completed, reaching a new high is not really difficult. Based on this logic, in the short term, it is still advisable to avoid short-selling risks—unless the price really surges above 25, short positions are unlikely to be considered. This wave of market movement mainly depends on whether the bulls can break through the previous high resistance.
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ForkTonguevip
· 01-08 20:50
19.6 again, what’s going on? I already said it would retrace to this area. Now it’s just a matter of whether it can hold steady.
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VCsSuckMyLiquidityvip
· 01-07 07:57
A 19.6% retracement is only 0.3 away, how accurate do you think it is? Do you have any idea? Haha
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MetaMaximalistvip
· 01-06 02:53
ngl the 19.6 vs 19.9 precision here is kinda missing the forest for the trees... but ok i get what ur saying about the dip being a tactical entry point. thing is, this whole "accumulation then breakout" narrative only works if theres actual network adoption backing the move, which... let's be real about RIVER's current utility footprint. not hating just observing
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SchrodingersFOMOvip
· 01-06 02:43
A 19.6% pullback is a bit sharp, but it seems to be absorbing the accumulation. The probability of breaking new highs afterward is still quite high.
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AirdropHunterWangvip
· 01-06 02:34
19.6 this level is really attractive, I've tried this tactic before, let's see if the big players are genuinely interested in pulling it up.
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SchrodingerGasvip
· 01-06 02:26
Missing by 0.3 and already praising your prediction as accurate. I've heard this kind of rhetoric in how many different cryptocurrencies... It really is the art of "just a little off."
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